Borrower situations

1099 income

Independent contractors and gig workers paid on 1099 forms.

Why it is hard

Agency rules treat 1099 earners like the self-employed, while some non-QM programs qualify directly from 1099 forms.

What to ask a loan officer

Can you qualify me from my 1099 forms alone?
How many years of 1099 history do you need?
How do business expenses affect my qualifying income?

Also called

1099, 1099 income, independent contractor, contractor, gig worker, freelancer, freelance

Find a loan officer

Ranked loan officers by state and city are coming soon. Agents can query now: /api/v1/loan-officers?specialty=1099-income&state=FL or this specialty as JSON.